Description

This training day will present the role of financial markets in the economy and asset management. At the end of the internship, you will be able to identify the different players in the financial markets and will know how the main products work.

Who is this training for ?

For whom ?

Banking advisor, wealth management advisor, Bank Back Office and anyone wishing to learn more about the financial markets.

Prerequisites

Training objectives

Know the role of financial markets in the economy and asset management

Understand the price and associated risks of the main financial instruments

Understand the role and organization of the different stakeholders

Training program

• Understand what markets are for?
  • - Motivations and interrelations within markets: States, companies, individuals, banks.
  • - The functions of financial markets: supply and demand of capital.
  • - The placement and financing: the primary market, the emissions market.
  • - Risk transfer.
  • - Practical work Interactive exchanges.
• Identify financial market players
  • - Trading rooms: usefulness and functioning.
  • - The intervention of management companies: role Hedge funds.
  • - The role and actions of banks.
  • - The financial markets authority, the prudential supervisory authority, European Central Bank.
  • - Practical work Knowledge quiz.
• Understand the typology of cash and derivatives markets
  • - The equity markets: functioning, compartments, indices, risks.
  • - The interest rates markets: bond and money market.
  • - The foreign exchange and credit market .
  • - The commodities market.
  • - Practical work Analysis of returns.
• Know how cash market products work
  • - Stocks: characteristics, risk, volatility.
  • - Monetary and bond products: characteristics, credit and interest rate risk.
  • - Foreign exchange products.
  • - Practical work Interactive exchanges.
• Know how firm derivatives work
  • - FRA and futures.
  • - CFDs.
  • - Foreign exchange, rate and credit swaps (CDS).
  • - Practical work How does a manager use derivatives to speculate or hedge.
• Know how the options work
  • - What is an option? Their usefulness.
  • - The gain profile of options.
• Understanding structured products
  • - The essential building blocks.
  • - Assembly.
  • - ETFs.
  • - Practical work How to simply build a capital product guaranteed?
• Measure price and risks
  • - The price of a financial product: calculation methods.
  • - Risks: market, counterparty, credit and operational.
  • - How to measure them? Practical work Case study: understanding the rate risk of a bond.